Russia this year, automotive parts sales of 9 billion U.S. dollars |
Russian car production and broad prospects for spare parts, according to the Russian State Council Information Industry predicted that a 2008 automobile spare parts market sales of about 9 billion U.S. dollars, its scale in 2010 will reach 15 billion U.S. dollars. Russian Government's industrial assembly regulations, foreign automobile companies started assembling cars in Russia after two years, should gradually reduce imports of auto parts, seven years after the auto parts localization level to reach 50 percent. Foreign auto assembly plant built in Russia and Vietnam, the more the local production of auto parts will also increase the demand, so some foreign auto parts maker has begun to enter Russia, or with their Russian enterprises set up joint venture plant, or establish wholly-owned factories, And has started production of automotive glass, seats, batteries, lights, tires and electronic systems. |